Jmac Enterprises LLC Raises Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Jmac Enterprises LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 418.2% during the 4th quarter, Holdings Channel reports. The firm owned 14,899 shares of the company’s stock after buying an additional 12,024 shares during the quarter. Jmac Enterprises LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,611,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of RSP. Alpha Financial Partners LLC raised its position in Invesco S&P 500 Equal Weight ETF by 42.3% during the 3rd quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after buying an additional 1,502 shares during the last quarter. Ritholtz Wealth Management increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 41.6% in the third quarter. Ritholtz Wealth Management now owns 3,162 shares of the company’s stock worth $566,000 after acquiring an additional 929 shares during the period. Exchange Traded Concepts LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $163,000. VitalStone Financial LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 46.0% during the third quarter. VitalStone Financial LLC now owns 235 shares of the company’s stock worth $42,000 after purchasing an additional 74 shares during the last quarter. Finally, Procyon Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 50.0% during the third quarter. Procyon Advisors LLC now owns 6,254 shares of the company’s stock valued at $1,120,000 after purchasing an additional 2,085 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $180.75 on Wednesday. The business’s 50-day moving average is $179.49 and its two-hundred day moving average is $177.69. The company has a market capitalization of $60.54 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $156.16 and a fifty-two week high of $188.16.

Invesco S&P 500 Equal Weight ETF Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).